Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth SlowsRead more

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amazon cloud enterprise

AWS Gets on Board With ‘Multi-Cloud’ Services

By
Kevin McLaughlin
· · Source: The Information

Amazon Web Services unveiled two new services at its Reinvent conference yesterday, pitching them as a way for customers to manage applications running in private data centers. But the services can also be used to manage applications running on Microsoft Azure and Google Cloud, reported Protocol, confirming our report from last month. The new services–called Amazon ECS Anywhere and Amazon...

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Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth Slows
By Natasha Mascarenhas and Stephanie Palazzolo · Sept. 28, 2023 6:40 PM PDT
Dave Rogenmoser, cofounder of Jasper. Photo via Getty.
Jasper AI, an early darling of the generative artificial intelligence boom, has cut the internal value of its common shares 20%, according to former employees who were notified by the company. The drop in Jasper’s internal valuation could indicate that the growth of its AI-powered writing tool for marketers has slowed since the company raised venture funding at a $1.5 billion valuation in...
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